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Florida home sales rise again as inventory tightens

Florida’s housing market saw six months of year-over-year growth in closed and pending sales in February. Single-family home sales rose 3.9%, condo-townhouse sales increased 8.6%, and new pending sales also grew. Median prices slightly declined to $412,000 for single-family homes and $309,000 for condos. New listings fell, with supply at 4.8 months for single-family homes and 9.3 months for condos, showing market stabilization.

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Daulton Ehlen

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